Chicago Mayor Rahm Emanuel, moving to take a lead role in the gun control debate, is turning up the pressure on banks that do business with firearms manufacturers.

Emanuel is sending letters to two major financial institutions, TD Bank and Bank of America, which offer lines of credit to gun makers suggesting that they stop lending money to the manufacturers if they dont come out for new gun restrictions.

TD Bank currently aids the gun manufacturing industry through a $60 million revolving line of credit with Smith & Wesson, a gun manufacturer that produces the AR-15  an assault weapon that was used by James Holmes to kill 12 people and wound 58 in a crowded movie theatre in Aurora, Emanuels missive to TD CEO Bharat Masrani states. I ask you to use your influence to push this company to find common ground with the vast majority of Americans who support a military weapons and ammunition ban and comprehensive background checks.

Noting that Chicagos municipal employees and teachers had already divested money in pension funds from gun makers that are opposing new gun laws, the White House chief of staff-turned-mayor wrote: Now we need you and other commercial banks to join this fight for safer streets. Collectively we can send a clear and unambiguous message to the entire gun industry that investors will no longer financially support companies that profit from gun violence.

I already boycott B of A.IF TD gives in to the thugs in Chicago, I will close my accounts with them and boycott them forever. I just sent an email to that effect to my account manager at TD, and I will follow through with a phone call later today and then by closing my account if TD acts irresponsibly. I hope everyone on FR and other patriotic Americans will stand up for freedom and help TD and other banks to do the right thing.

I’m already pulling my business acct out of BofA. It’s kinda sad because the folks that run my branch are very friendly to me and have bent over backward to give me great service. Too bad they work for a bank that has a leftist political agenda.

A bit stupid to stop doing business with one segment of our economy that is doing better than ever.

Definition of FASCISM 1 often capitalized : a political philosophy, movement, or regime (as that of the Fascisti) that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition 2 : a tendency toward or actual exercise of strong autocratic or dictatorial control (early instances of army fascism and brutality  J. W. Aldridge)

This is going to open a real kettle of worms for the Dems. Leftists are going to start asking “if you can pressure banks to stop working with gun makers, why can’t you stop them from charging me 32% on my friggin Visa Card??”

Don’t forget that BoA is also the bank that gave credit cards to illegal immigrants. It also takes your money by rounding up purchases, uses that money for their purposes and then gives it back at the end of the year. They also charge one of the highest credit card interest rates in the country.

For the life of me, I can’t think of a single reason why anybody should be doing business with them.

24
posted on 01/25/2013 7:17:33 AM PST
by NTHockey
(Rules of engagement #1: Take no prisoners)

In a related report, the Philadelphia pension agency voted to ask all gun manufacturers, distributors and retailers in its investment portfolio to adhere to 8 “Sandy Hook Principles”, including supporting a federal system requiring background checks on ALL guns AND ammo (my emphasis). (on page B8 of today’s Philadelphia Inquirer)

Rahm Emanuel needs to stop requiring others to clean up Chicago’s streets. They have more gang members than cops, and certainly more than honest cops. But if he actually blamed the guilty, he would have no one to vote for him.

37
posted on 01/25/2013 7:41:57 AM PST
by Pecos
(If more sane people carried guns, fewer crazies would get off a second shot.)

Hey, yawl, any doubt yet that we are communists controlled Country. Have heard much so far that drop the word socialist or Marxist, but full blown communists. At least a few have joined in the truth. Come on, get with it.

Springfield Armory should put a call into the Governor and tell him to put a muzzle on ballet boy or they can quickly make those bank accounts seem like nothing compared to what they’ll lose if they keep pushing.

The gun manufacturers need to come out as a group and put this card on the table...keep pushing libs and we’ll take the jobs and tax revenues to the Red States.

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